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Ningji Lemon Tea

Coverage of Ningji Lemon Tea in the Nexus archive.

Earliest in view: Jun 2 · 10:45 UTCMost recent: Jun 2 · 10:45 UTC

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BUSINESSJun 2 · 10:45 UTCSCMP WORLD
The big scoop: lemon tea chain Ningji to revamp Haagen-Dazs’ struggling China business
General Mills is selling its mainland China Haagen-Dazs stores to an investor group led by local chain Ningji Lemon Tea, aiming to revamp the struggling business amid China's competitive market. Analysts view this as a proactive move to boost profitability.